Houston’s pension funds are in financial trouble and pose a significant risk to the financial health of the city. This paper analyzes a subset of the city's pension plans—in particular, what is normally referred to as a defined benefit (DB) plan.
Using a public health approach to study drug-related murders on the U.S.-Mexico border, the authors conclude the region is experiencing a "violence epidemic."
Constitutional reforms approved in 2013 offered a historic opportunity to restructure Mexico’s anemic telecommunications sector. While the original reform initiative seemed to address key problems at the root of the dysfunctional system, it is not clear if the secondary laws will have positive social impact — or if the lion’s share of benefits will go to a minority of investors.
Is there an immigration crisis? Considering recent apprehensions of unauthorized immigrants in the context of what has happened over the last 10 years, the data are inconsistent with an immigration crisis — at least a generalized immigration crisis.
The positive effects of a corporate income tax reform in the United States might well be enhanced by a simultaneous move to a territorial system coupled with anti-base erosion provisions designed to limit revenue losses; however, the effects of implementing territoriality are tenuous and seem likely to be small in the aggregate. Published by the American Action Forum.
